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Government increases dealer margins on petrol and diesel

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At a glance

  • Jamaat-e-Islami continues nationwide protests against high petroleum prices.
  • Government increases dealer margins on petrol and diesel by Rs 1.34 per litre.
  • JI is demanding the abolition of the petroleum levy and a Rs 130/litre price cut.

Story so far

Jamaat-e-Islami (JI) is holding a nationwide protest against high petroleum prices, with its main sit-in continuing outside the Punjab Chief Minister’s House in Lahore. The party is demanding the complete withdrawal of the petroleum levy and a reduction of Rs 130 per litre in fuel prices. JI Emir Hafiz Naeemur Rehman has threatened to escalate the protest into a long march to Islamabad and a nationwide strike if the demands are not met.

Latest development

The federal government has increased the profit margin for petroleum dealers on both petrol and high-speed diesel by Rs 1.34 per litre. The new margin for dealers is now Rs 9.98 per litre.

Latest updates

The federal government has increased the profit margin for petroleum dealers on petrol and high-speed diesel by Rs 1.34 per litre. According to available details, the increase will take effect from midnight on Friday.

A notification has reportedly been issued by the Cabinet Division. With this change, the dealer margin on both petrol and diesel will rise to Rs 9.98 per litre, up from the previous Rs 8.64 per litre.

Jamaat-e-Islami (JI) chief Hafiz Naeemur Rehman on Thursday announced a phased escalation of the party's campaign against the petroleum levy, stating that public gatherings and protest camps will be held across the country before a potential long march to Islamabad.

Addressing participants of the sit-in outside the Punjab Chief Minister’s House in Lahore, he said that sit-ins are now simultaneously underway in Lahore, Karachi, and Peshawar. He announced he would travel to Karachi on Friday to convert the sit-in there into a public gathering, and a women's public meeting would be held at the Lahore protest venue on Saturday. The lawyers' community has also joined the Lahore sit-in.

Jamaat-e-Islami's (JI) protest sit-in outside the Punjab Assembly in Lahore has entered its sixth day, as the party continues to demonstrate against high petroleum prices.

In a new development, JI Emir Hafiz Naeemur Rehman has called on party workers and supporters to "start preparing for the long march" to Islamabad, escalating the party's pressure on the government.

Jamaat-e-Islami (JI) has announced a countrywide shutdown protest against high petroleum prices, escalating its ongoing sit-in outside the Punjab Assembly in Lahore.

The party has threatened a nationwide wheel-jam and shutter-down strike if the government does not abolish the petroleum levy. The announcement follows a press conference where JI Emir Hafiz Naeemur Rehman stated the strike could take place the week after 12th Rabiul Awwal.

Jamaat-e-Islami's (JI) sit-in outside the Punjab Assembly in Lahore entered its fifth day on Thursday, August 20, as the party continues its protest against high petroleum prices.

The Federal Cabinet on Thursday approved an increase in the profit margin for dealers on the sale of petrol and high-speed diesel, according to available reports.

Jamaat-e-Islami (JI) on Thursday warned it would escalate its ongoing sit-ins against high petroleum prices into a nationwide wheel-jam and shutter-down strike if the government fails to abolish the petroleum levy.

At a press conference in Islamabad, JI Emir Hafiz Naeemur Rehman announced the strike would take place the week after 12th Rabiul Awwal (August 26). He stated the party could also march on Islamabad if its demands are not met.

Rehman described the petroleum levy as an “extortionary tax,” claiming the government had collected over Rs8 trillion from consumers while spending less than Rs100 billion on refinery upgrades. He urged the government to reduce petrol and diesel prices by Rs130 per litre. The JI chief also said the party would not participate in government briefings and instead wanted officials to engage directly with protesters.

The federal government has formally decided to increase the profit margins for both petrol and diesel dealers, according to reports on August 20. This confirms earlier plans for a hike which come amidst growing public and political pressure over high fuel prices.

Jamaat-e-Islami (JI) has escalated its protest against high petroleum prices, announcing a countrywide shutdown. The party also confirmed plans for a major rally to be held on August 21 as it intensifies its campaign demanding the complete removal of the petroleum levy.

As part of its ongoing nationwide protests against high petroleum prices, Jamaat-e-Islami (JI) held a demonstration outside the Governor House in Karachi. The party is demanding the complete removal of the petroleum levy on fuel.

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JI chief vows to escalate protest until petroleum levy is scrapped

LAHORE: Chief of Jamaat-e-Islami Hafiz Naeem ur Rehman on Thursday announced a phased escalation of JI’s campaign against the petroleum levy, declaring that a nationwide wheel-jam and shutter-down strike was on cards if the government failed to withd

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